SINGAPORE (Jan 31): Singapore Airlines (SIA) has signed a joint venture framework agreement with Japanese airline All Nippon Airways (ANA) that would deepen the partnership between the two airlines. This goes beyond the existing partnership between the duo that focuses on codeshare flights, mileage programmes, lounge access and coordination on check-in baggage and connecting flights.
This joint venture, which is subject to regulatory approvals, aims to provide customers with more seamless flight connectivity between the two carriers and access to a wider network.
With this, SIA and ANA will be able to strengthen their cooperation on services between Singapore and Japan, as well as in key markets including Australia, India, Indonesia and Malaysia.
Following this, customers can enjoy more seamless access to flights in their respective route networks, a broad range of joint fare products, tie-ups between frequent flyer programmes and aligned corporate programmes to strengthen their proposition to corporate clients.
Goh Choon Phong, CEO of SIA says, “Through this partnership, customers would be able to enjoy increased flight frequencies and travel convenience, and access the strong connectivity at both the Singapore and Tokyo air hubs, while enjoying the industry-leading products and services ANA and SIA are renowned for.”
As at 12.00pm, shares in SIA are trading at $8.53.